Ethereum is showing positive signs and it traded to a new monthly high at $281 against the US Dollar. ETH price likely to continue higher as long as it is above $260.
- Ethereum extended its rally above the $270 and $275 resistance levels.
- The price traded to a new monthly high at $281 and it is currently correcting lower.
- There is a new contracting triangle forming with resistance near $272 on the…